Drilling
Research by Enervus sees early 2026 permitting activity for the carbon capture and storage wells pointing to a growing approval queue, even while the rate of applications eases.
The new guidelines were released prior to reports that enhanced geothermal developer Fervo Energy experienced a blowout in Utah with no reported injuries.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
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The heated global floating rig market has day rates for high-end units climbing over a half million dollars and toward a newbuild cycle that will (likely) never come.
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The winners of this year’s Drillbotics competition are teams from the University of Stavanger and Clausthal University of Technology. Thirteen teams registered last fall, coming from seven countries spanning four continents.
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The UAE's biggest oil company said it has successfully delivered a pair of geothermal wells to help power cooling systems in Abu Dhabi.
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The Caspian Sea's newest platform is equipped with automation technology and will be controlled remotely from an onshore station.
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Uganda is on course to become the newest African oil exporter by 2025.
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The US onshore business is looking flat at the moment, though these sorts of predictions are prone to sudden shifts.
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The US-based drilling contractor is buying the drilling technology company just three weeks after announcing a merger with NexTier Oilfield Solutions.
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CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
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A flurry of activity has resulted in several long-term contract extensions.
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The duo’s new services will be initially deployed in Iraq.